Jack in the Box's Revenue and Sales Are Down. Here Are 3 Key Takeaways From Its Latest Earnings.
Jack in the Box (NASDAQ: JACK) stock has plummeted about 17% since the company released fiscal first-quarter earnings on Feb. 18. It was a difficult quarter for the fast-food restaurant chain as revenue fell 6% year over year and it had a $2.5 million net loss, which was in part due to costs associated with the sale of its Del Taco chain. But even on an adjusted basis, earnings were off 46% to $1 per share. Will AI create the world's first trillionaire? Our team just released a report on the one little-kn ...